98516 Homes with State Bond Terms

98516 Homes with State Bond Terms

Welcome to Olympia, Washington, where the charm of the Pacific Northwest meets the vibrancy of a thriving community! Nestled in Thurston County, the 98516 zip code is a hidden gem that offers a unique blend of natural beauty, rich history, and modern conveniences. With the stunning backdrop of the Olympic Mountains and proximity to the serene waters of Puget Sound, residents enjoy a lifestyle that embraces both outdoor adventures and urban amenities.

The 98516 area is characterized by its diverse neighborhoods, each offering distinct architectural styles and a welcoming atmosphere. Whether you're searching for a cozy bungalow, a spacious family home, or a contemporary townhouse, you'll find a variety of options to suit your needs. The real estate market here is robust, with homes available under State Bond Terms, making it an excellent opportunity for first-time buyers and those looking to invest in their future.

Olympia boasts a vibrant arts scene, excellent schools, and an array of parks and recreational facilities, ensuring that residents have access to cultural and outdoor activities year-round. From exploring the lush trails of the nearby Capitol State Forest to enjoying the local farmers' markets, there's always something to do in this lively city.

With its friendly community spirit and a commitment to sustainability, Olympia is not just a place to live—it's a place to thrive. Come discover the charm of the 98516 zip code, where your dream home awaits amidst the beauty of Washington State!

Newest 98516 Homes with State Bond Terms

8533 Capstan Drive NE, Olympia
$495,000
3 Beds ⋅ 2 Baths ⋅ 2583332 MLS ⋅ ACTIVE Status
RAMBLER + MOVE-IN READY + PRIME LACEY LOCATION! Welcome home to the easy one-level living you've been searching for! This beautifully maintained 3-bedroom, 2-bath rambler delivers an open, inviting floor plan designed for both everyday comfort and entertaining. Step inside to hardwood floors, vaulted spaces, and a cozy gas fireplace that anchors the spacious living area. The open kitchen keeps everyone connected with a large island, generous workspace, and adjoining dining area—perfect for gatherings, game days, or casual nights at home. Retreat to the impressive primary suite featuring a vaulted ceiling, walk-in closet, and private 5-piece bath with room to relax and recharge. Two additional bedrooms offer flexibility for guests, an office, or hobby space. Outside, enjoy covered front AND back outdoor living, a partially fenced, low-maintenance yard, and newer interior and exterior paint that adds to the move-in-ready appeal. All appliances stay, including the newer washer and dryer! Add an attached 2-car garage and excellent access to I-5, JBLM, shopping, parks, and golf, and this home checks all the boxes. Single-level homes like this don't come along every day—come see why this one deserves to be at the top of your list!

8533 Capstan Drive NE, Olympia

Listing Broker: eXp Realty; Andre' Jones; 253-324-4167; andre.jones@exprealty.com

6711 47th Avenue NE, Olympia
$776,500
3 Beds ⋅ 3 Baths ⋅ 2589098 MLS ⋅ ACTIVE Status
Rare opportunity to live in one of the best neighborhoods in Olympia. This beautiful home was purchased from the builder who saved this lot to build his own home. Now, it can be yours. Open, one-level floor plan. Formal living and dining area, open kitchen with informal living area. Oversized lot which extends back into the trees. Green house included. This is probably the home you have been waiting to make your own.

6711 47th Avenue NE, Olympia

Listing Broker: CENTURY 21 Lund, Realtors; Martha Jane Hunt; 360-269-6200; huntforhomes@gmail.com

8942 49th Court NE, Olympia
$599,950
4 Beds ⋅ 3 Baths ⋅ 2585286 MLS ⋅ ACTIVE Status
Step into a cheerful home that instantly feels like your own. Filled w/natural light, warm finishes & thoughtful updates, this 4-bdrm 2.75-bath home offers a comfortable & inviting atmosphere inside & out. Set on a private .21-acre lot surrounded by mature trees, it’s the kind of home that makes you want to settle in & stay awhile. The updated kitchen features quartz countertops, full-height subway tile backsplash, stainless steel appliances & gas range. The kitchen flows naturally into the dining & living areas, creating a comfortable space to gather, relax & entertain. Large windows fill the living spaces w/natural light while offering peaceful views of the mature trees & greenery, creating a quiet private retreat. 1st floor bedroom w/adjacent ¾ bath offers flexibility & privacy, thoughtfully separated from the additional bedrooms upstairs. Ideal for multigenerational living, guests or a comfortable home office. Upstairs, the primary bedroom provides a comfortable retreat. The beautifully refreshed bathroom features a luxurious soaking tub & separate walk-in shower. Step outside to enjoy the spacious fully fenced backyard w/mature landscaping & wooded backdrop. The covered deck provides a wonderful place to relax, dine or entertain while enjoying the peaceful privacy this hard-to-find lot offers. With inviting spaces, thoughtful updates & a peaceful private setting, this home offers comfort, flexibility & privacy. Come see why it could be the perfect place to call home!

8942 49th Court NE, Olympia

Listing Broker: RE/MAX Sound Properties; Nathaly Burnett; 253-732-9535; Nathaly@BeyondSeattle.com

5047 Carole Drive NE, Olympia
$515,000
2 Beds ⋅ 2 Baths ⋅ 2570521 MLS ⋅ ACTIVE Status
Welcome to Beachcrest! This 2-bedroom, PLUS bonus room has been well-maintained, freshened up and is move-in ready. Backyard is fully fenced. The Hardwood floors, newer appliances, and a brand-new water heater add to the ease and comfort of this home. From the covered front porch to the light-filled entry, the home has a warm, welcoming feel that fits perfectly with the stay-home-and-play lifestyle of Beachcrest’s private community. Amenities include private Puget Sound beach access, marina, boat launch, kayak storage, beachside cabanas with BBQs, park, sports court, and community nature trails. This is an active neighborly community! Conveniently located near Hawks Prairie shopping, with easy access to I-5, JBLM, and downtown Olympia. With morning beach walks to evening gatherings by the water, this community is designed for year-round outdoor fun!

5047 Carole Drive NE, Olympia

Listing Broker: Better Properties Gig Harbor; Valerie Grindley; 253-380-8030; val@grindleygroup.com

8325 Bainbridge Loop NE, Lacey
$525,000
2 Beds ⋅ 2 Baths ⋅ 2572827 MLS ⋅ ACTIVE Status
Welcome to 8325 Bainbridge Loop NE, located in the highly desirable Jubilee 55+ community in Lacey! This exceptionally clean and well-cared-for 2-bedroom, 1¾-bath home is truly move-in ready. The comfortable, thoughtfully designed floor plan offers easy living, while the newer heat pump keeps you cool during the warmer months. Enjoy the active Jubilee lifestyle, beautifully maintained surroundings, and wonderful community amenities including the pool, tennis/pickleball courts, and the clubhouse just around the corner. Conveniently located near shopping, dining, golf, parks, and everyday services. If you're looking for a clean, comfortable home in one of Lacey’s most sought-after 55+ communities, this one is ready to welcome you home! New Exterior paint in 2026. New furnace/heat pump in 2025. New interior carpet/paint 2024. New Washer/dryer 2025.

8325 Bainbridge Loop NE, Lacey

Listing Broker: Century 21 Van Dorm Realty; Andrew Dodds; 602-390-7030; apdodds@gmail.com

3244 Juno Court NE Unit #B, Olympia
$450,000
3 Beds ⋅ 3 Baths ⋅ 2568099 MLS ⋅ ACTIVE Status
Welcome to Campus Reserve Townhomes! This one-owner Lennar Fern plan offers three levels of thoughtfully designed living on a premium lot. The main level features the main outside entry, a versatile flex or rec room and direct 2-car attached garage access. Up one floor, enjoy an open-concept great room, dining area and kitchen, plus a convenient powder room. The top floor offers a private primary suite with ensuite bath, a spacious secondary bedroom and an additional full bath. Comfort is covered year-round with ductless heat pump mini splits and cadet heaters. All appliances are included, plus the home features a transferable 10-year builder warranty for added peace of mind. Ideally located just minutes from a top local golf course and close to shopping, restaurants, everyday amenities and easy I-5 access, just miles to JBLM! Ask your broker for a private viewing today.

3244 Juno Court NE Unit #B, Olympia

Listing Broker: John L. Scott Lacey; Garrett Lafferty; 360-485-2818; glafferty@johnlscott.com

9314 Earhart Street NE, Lacey
$764,990
4 Beds ⋅ 3 Baths ⋅ 2564893 MLS ⋅ ACTIVE Status
Welcome home to this well-maintained Rob Rice home in the desirable Campus Highlands neighborhood. From the moment you arrive, you'll appreciate the attractive curb appeal, inviting front entry, and spacious three-car garage.Inside, the open floor plan is filled with natural light thanks to a wall of windows overlooking the backyard. Tiered ceilings and white millwork add character throughout the home, while the spacious kitchen offers warm wood cabinetry, granite countertops, plenty of prep space, a pantry and a butlers pantry. The living and dining areas flow seamlessly to the covered patio, making it easy to enjoy outdoor dining, relaxing, or entertaining year-round.Upstairs you'll find four bedrooms plus a bonus room, providing plenty of space for a home office, media room, or play area. The primary suite offers a comfortable retreat with its own gas fireplace and a generous five-piece bath featuring a large walk-in shower. The back yard is a private slice of paradise with patios, a gazebo and gardens perfect for a relaxing day filled with the vibrant colors of the gardens. Stay comfortable year-round with central air conditioning. Campus Highlands is known for its parks, sidewalks, walking trails, and nearby golf course, creating a wonderful place to call home.

9314 Earhart Street NE, Lacey

Listing Broker: Windermere Prof Partners; Nicky Elliott; 253-640-5177; homewithnicky@gmail.com

4335 Dudley Drive NE, Olympia
$649,000
5 Beds ⋅ 3 Baths ⋅ 2559434 MLS ⋅ ACTIVE Status
Welcome to the epitome of luxury living on the 1st fairway of the Hawks Prairie Golf Course in the highly sought-after Meridian Campus community! This exceptional 2016-built home offers 2,790± sq ft of beautifully designed living space with 5 bedrooms, 2.5 baths, and a spacious main-floor den with French doors—perfect for a home office or guest room. The impressive chef’s kitchen features a large quartz island with eating bar, stainless steel appliances, a walk-in pantry, and abundant cabinetry and storage. The light-filled open-concept floor plan showcases engineered hardwood flooring, luxury vinyl flooring, expansive windows, and a cozy gas fireplace that creates a warm and inviting atmosphere. Retreat to the luxurious primary suite featuring French doors, a spa-inspired 5-piece bath with a soaking tub, dual vanities, and a generous walk-in closet. Enjoy year-round comfort with central A/C and a heat pump, plus the added energy savings of solar panels. The fully fenced backyard offers a spacious patio, ideal for entertaining or relaxing while enjoying the peaceful golf course setting. Tucked away in a quiet cul-de-sac and conveniently located near parks, playgrounds, walking trails, athletic courts, top-rated schools, shopping, I-5, JBLM, and all the amenities Hawks Prairie has to offer. Impeccably maintained with an outstanding floor plan and exceptional finishes, this truly is a rare opportunity to own one of the area’s finest homes.

4335 Dudley Drive NE, Olympia

Listing Broker: Century 21 Van Dorm Realty; Sukjoo Sohn; 360-791-1917; sukjoosohn@gmail.com

3840 Cameron Drive NE, Lacey
$784,900
4 Beds ⋅ 3 Baths ⋅ 2540494 MLS ⋅ ACTIVE Status
Welcome to this spacious and beautifully maintained Craftsman home in the sought-after Campus Highlands community. Offering 4 bedrooms, 2.5 baths, and over 3,500 square feet of living space, this home is designed for both comfortable living and entertaining. The open-concept main floor features a dedicated office, formal dining room, and a spacious living area that flows seamlessly into the kitchen with granite countertops, stainless steel appliances, and abundant cabinet and counter space. A stunning see-through fireplace connects the family room to the covered outdoor patio, creating the perfect indoor-outdoor living experience year-round. Upstairs, the spacious primary suite is a true retreat, featuring a double-sided fireplace shared between the bedroom and the luxurious 5-piece bathroom, along with an oversized walk-in closet. Three additional bedrooms provide plenty of space for guests. Additional highlights include a tandem 3-car garage, beautifully landscaped front and back yards with a sprinkler system, and a prime location near golf courses, parks, trails, shopping, dining, I-5 and JBLM. This exceptional home offers the space, features, and location you've been looking for—don't miss your opportunity to make it yours!

3840 Cameron Drive NE, Lacey

Listing Broker: John L. Scott, Inc; Naimat Gilal; 360-259-5638; ngilal@johnlscott.com

4538 20th Way NE, Olympia
$487,500
4 Beds ⋅ 3 Baths ⋅ 2529874 MLS ⋅ ACTIVE Status
Located in a tranquil community next to Pleasant Glade Elementary and backing to greenspace, this move-in ready 4-bedroom, 2.5-bath home offers the perfect balance of comfort and privacy. The main level features a spacious living area with a cozy gas fireplace, while the kitchen opens seamlessly to the living space and offers ample counter and cabinet storage. A utility room and convenient half bath complete the main floor. Upstairs, you’ll find a large primary suite with a full ensuite bath, along with three additional bedrooms and a full guest bathroom. New carpet downstairs, a recently painted interior, and a new garage door make this home truly turnkey. Step outside to enjoy the private backyard, ideal for BBQs, entertaining, or relaxing outdoors.

4538 20th Way NE, Olympia

Listing Broker: Redfin; Mark Hopkins; 360-999-3640; mark.hopkins@redfin.com

8304 Vashon Drive NE, Lacey
$549,900
2 Beds ⋅ 2 Baths ⋅ 2522860 MLS ⋅ ACTIVE Status
Welcome to Jubilee! This beautifully upgraded home offers the perfect blend of comfort, elegance, and lifestyle. Step inside to rich hardwood floors, stunning crown molding, and a spacious open-concept floor plan designed for both everyday living and entertaining. The oversized primary suite provides a private retreat, while both formal living and family rooms—complete with a cozy gas fireplace—create inviting spaces to gather. Enjoy hosting in the formal dining area or unwind on your private back patio overlooking the beautifully landscaped backyard. Also backs up to a Greenbelt with walking trails all the way to the Sound! Additional features include a 2-car garage and charming covered front porch. Life in Jubilee is more than a home—it’s a lifestyle. From pickleball courts and a sparkling swimming pool to the jacuzzi, fitness center, and year-round community events, this vibrant 55+ community truly has it all!

8304 Vashon Drive NE, Lacey

Listing Broker: BHGRE - Northwest Home Team; Terry Wentworth; 360-304-2179; terrywentworth@nwhometeam.com

8038 61st Avenue NE, Olympia
$899,000
3 Beds ⋅ 1 Baths ⋅ 2463258 MLS ⋅ ACTIVE Status
Experience Pacific Northwest waterfront living from this charming bungalow, perched high on the bank to maximize its breathtaking panoramic views of the Olympic Mountains, Nisqually Reach, Key Peninsula, Anderson Island, and McNeil Island. Enjoy the rare privilege of private beach access via your own stairs, a sturdy cement bulkhead, and ownership of the tidelands—offering valuable waterfront rights and potential opportunities to explore. Tucked into a peaceful, secluded setting, this property provides the ideal place to relax, entertain, or simply take in the ever-changing water, mountain, and island views from the covered deck. Inside, the cozy living room features exposed beams and a wood-burning fireplace, creating a warm and inviting space for full-time living, a weekend retreat, or a memorable beach getaway. Meticulously cared for and thoughtfully updated, the home includes its own well, a pressurized septic system, and low-maintenance grounds. There is ample guest parking, RV parking, and room for a GeoDome—offering flexibility for guests, hobbies, storage, or outdoor enjoyment. Bring your vision: there may be potential to build your dream home on the upper portion of the property while using the existing bungalow as a beach house or guest home. A truly special waterfront opportunity with exceptional views, beach access, privacy, and endless possibilities.

8038 61st Avenue NE, Olympia

Listing Broker: AgencyOne; Jesse Nelson; 206-930-1172; jesse@jessenelson.com

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